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Fortune

Jason Ma

Putin finally admits Russia's economy is in trouble and grasps for answers, after warnings about a financial crisis have been piling up

Economy Russia Vladimir Putin Elvira Nabiullina GDP

(Credit: Getty Images)

Russian President Vladimir Putin made his concerns about the economy public as he vented frustration at aides and demanded they come up with solutions.

During a televised meeting on the economy Wednesday, he revealed that GDP shrank by combined 1.8% in January and February, adding that manufacturing, industrial production, and construction were negative.

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